1910-S $10 MS (PCGS# 8867)

The August 2013 Chicago ANA World's Fair of Money

Auctioneer:

Stack's/Bowers

Lot Number:

4546

Grade:

MS66

Price:

$82,250.00

Lot Description1910-S Indian Eagle. MS-66 (NGC). This lustrous specimen displays attractive medium yellow-gold color and only a few very light scattered marks and lines. It is well struck on the eagle's trailing claw and feathers, as well as the central obverse -- areas that can be found weak on this issue and series. Like all other Indian eagles from the San Francisco Mint, the 1910-S is rare in any Mint State grade and is very rare in Choice Uncirculated or finer. A small number of Gem examples exist, but this is a major rarity at the MS-65 or finer level with no more than nine examples certified as MS-65 and MS-66 between both services. The grading pinnacle is reached at MS-66 as found here; NGC records three grading events at this level, PCGS another two. There is the possibility of duplication within these numbers but we can't know unless all the existing Gems could be gathered together for an actual count. We do know that the present coin is tied with at most four others at this grade level, with none seen finer.<br />
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The 1910-S Indian eagle has a mintage of 811,000 pieces, higher than&nbsp;all other San Francisco Mint coins of this denomination. However, it is apparent from those known that most were placed in circulation as this issue is frequently found in significantly lower grades. Most were melted long ago and only a tiny fraction of that mintage survive today.